Chief financial officers at companies including

Anheuser-Busch InBev SA,

Ford Motor Co.

and

Verizon Communications Inc.

are calling on other executives to make sure their businesses help fight poverty and climate change.

A group of CFOs on Monday published a framework to help guide companies’ decision-making in areas such as corporate finance and investing to support the United Nations’ Sustainable Development Goals. These goals, adopted in 2015, include ending poverty by 2030, taking action against climate change and improving access to clean water.

The CFOs are urging other finance executives to allocate their companies’ resources to projects that support the development goals and expand their set of funding instruments to include green bonds and other sustainability-oriented tools, executives said.

“Because of the seats we sit in within our companies, us being seen as supporting it…makes people take a second look and say, ‘Hey, maybe there are things we can do,’” Verizon CFO Matthew Ellis said.

The telecommunications company last week issued a $1 billion green bond and said it would use the proceeds to support four of the U.N.’s 17 goals in areas such as clean energy and economic growth. Verizon plans to invest in solar and wind facilities to power its networks.

Investors increasingly take interest in environmental, social and governance issues. Funds that pursued sustainability targets in their investment strategy during the first half of 2020 attracted $20.9 billion in net new assets from investors. That is roughly on par with the whole of 2019 and about four times as much as in 2018, according to

Morningstar Inc.,

a ratings company. Morningstar analyzed 334 U.S. funds in its tally.

Fernando Tennenbaum, chief financial officer of AB InBev.



Photo:


Universal Insurance Holdings, Inc. (NYSE: UVE) will issue a press release reporting its third quarter results after the close of trading on the NYSE on Tuesday, October 27, 2020. The company will host a conference call on Wednesday, October 28, 2020, at 9:00 a.m. Eastern Time (ET) to discuss its third quarter 2020 financial results.


Conference Call and Webcast


  • Wednesday, October 28, 2020 at 9:00 a.m. ET

  • U.S Dial-in Number: (855) 752-6647

  • International: (503) 343-6667

  • Participant code: 5317328

  • Listen to live webcast and view presentation: UniversalInsuranceHoldings.com

  • Replay of the call will be available on the UVE website and by phone at (855) 859-2056 or internationally at (404) 537-3406 using the participant code: 5317328 through November 12, 2020


About Universal Insurance Holdings, Inc.


Universal Insurance Holdings (UVE) is a holding company offering property and casualty insurance and value-added insurance services. We develop, market, and write insurance products for consumers predominantly in the personal residential homeowners lines of business and perform substantially all other insurance-related services for our primary insurance entities, including risk management, claims management and distribution. We sell insurance products through both our appointed independent agents and through our direct online distribution channels in the United States across 18 states (primarily Florida). Learn more at UniversalInsuranceHoldings.com.

Source Article

Is that weird?

Not when you find out what Stuff, formerly known as Delegate, sells. For $50 a month, its mobile app gives you instant access to a network of personal assistants around the United States. They handle tasks such as sending flowers, finding a plumber, or booking the perfect rental home for a family ski vacation. You communicate with them via Stuff’s app — which feels similar to text messaging.

People like Ain, who runs a 12,000-person company, have their own personal assistants on payroll; his has been working alongside him for 25 years. “If she found out I was using Stuff, she’d come to my house and punch me in the nose,” he says.

So Stuff is a bit like Uber, Zipcar, or Turo — disruptive startups that give you access to a nice set of wheels at a much lower price than buying them outright. “It democratizes something that wasn’t really readily available,” Ain says.

Stuff CEO Ohad Elhelo likes to say that the company’s users get access to their own “chief of Stuff.” Other investors in the company’s latest funding round, announced last week, include Joshua Boger, the former CEO of Vertex Pharmaceuticals, and real estate developer Douglass Karp.

Elhelo is a former intelligence officer in the Israeli military who came to Boston to earn bachelor’s and master’s degrees at Brandeis University. While he was there, he started a nonprofit called Our Generation Speaks, which provided business training and mentorship to Israeli and Palestinian entrepreneurs.

At the time, Elhelo says, “I was extremely overwhelmed.” So he signed up for a service from Zirtual, an Ohio company that assigned him a personal assistant. “I worked with her for three years, and saw how sticky their service was,” he says. “But I also saw the shortcomings. She was

Logo of jester cap with thought bubble.

Image source: The Motley Fool.

Domino’s Pizza Inc (NYSE: DPZ)
Q3 2020 Earnings Call
Oct 8, 2020, 10:00 a.m. ET

Contents:

  • Prepared Remarks
  • Questions and Answers
  • Call Participants

Prepared Remarks:

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Third Quarter 2020 Domino’s Pizza, Incorporated Earnings Conference Call. [Operator Instructions]

And now I will hand the conference over to your speaker today, Chris Brandon, Director of Investor Relations. Please go ahead.

Chris BrandonDirector of Investor Relations

Appreciate that Carmen and good morning, everyone. Thank you for joining us for our conversation today regarding the results of our third quarter 2020. I’m also joined today by our Vice President of Finance, Michelle Hook, who recently took on an expanded role within our finance organization that includes oversight of our Investor Relations function in addition to her other responsibilities.

Today’s call will feature commentary from Chief Executive Officer, Ritch Allison; and Chief Financial Officer, Stu Levy. As this call is primarily for our investor audience, I ask all members of the media and others to be in a listen-only mode. I want to remind everyone that the forward-looking statements in this morning’s earnings earnings release and 10-Q also apply to our comments on the call today. Both of those documents are available on our website. Actual results or trends could differ materially from our forecasts. For more information, please refer to the risk factors discussed in our filings with the SEC.

In addition, please refer to the 8-K earnings released to find disclosures and reconciliations of non-GAAP financial measures that may be referenced on today’s call. Our request to our coverage analysts, we, as always want to do our best to accommodate all of you today, so we encourage you to ask only one one-part

The comments from the leading Fed officials were the latest evidence of the central bank’s growing attention to persistent inequality in the economy — a gap that appears to be widening during the coronavirus pandemic. Black and Hispanic workers have been hit harder by the economic fallout from the Covid-19 lockdown than white workers.

The Fed itself has faced criticism for inadvertently exacerbating inequality because its emergency policies are designed to backstop financial markets and allow companies to borrow money. That has boosted the stock market, most of whose value is owned by the wealthiest Americans, even as some major companies have continued to lay off workers. Just 1.2 percent of the value of stocks is held by Black families and 0.5 percent by Hispanic families, according to quarterly Fed data.

The central bank officials Wednesday said that now is the time to face uncomfortable questions about race and the economy.

“First, we have to listen more,” Rosengren said. “This is an attempt to be listening more.”

They said that while the Fed has limited capabilities to intervene in targeted areas of the economy with monetary policy — it can’t provide grants or unemployment benefits like Congress — it does wield regulations, data and influence with other policymakers. Fed Chair Jerome Powell has repeatedly called on Congress to deliver more emergency aid to the most vulnerable Americans, including in a speech on Tuesday.

Bostic said it was important for the Fed to signal with its actions that it represents all Americans.

“We’ve got to think about how do we lean in to a number of areas that we may not actually have the specific authorities or policies that drive it,